Elopak A S (ELPKF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to the second quarter 2025 results presentation for ELOPAC. My name is Erika Honningsvåg and I am the investor relations and treasury officer. Today's presentation will be held by our CEO Thomas Cormendi and our CFO Bent Axelsen. and will last for about 30 minutes, followed by a Q&A session where the people here in the audience and the people watching online will be able to ask questions. So with that introduction, I will hand it over to you, Thomas. Good morning. Thank you, Erika. Good morning to everyone here in Oslo and everywhere else you may be watching this webcast. We are presenting Q2 and we are happy actually to present yet another strong result for ELOPAC, both in terms of our development, strategic development, but also in terms of our profitability. So let's go through it. And just to set the scene, for those of you who are not so familiar with us, we are in the world of sustainable packaging. What we do is we produce packaging to protect essential commodities such as, but not only, milk. And with that, we also see it as our role to enable world nutrition while always on the Road to Reduce Plastics. This is what we do and this is what we've been doing for many, many, many years and this is the performance we're having for this quarter. We are presenting a quarter with good growth and a very solid EBITDA result of 15.8. The growth is around 2.4%, which is very much impacted by continued solid development in Americas, which is now also impacted by the opening of our brand new plant in Little Rock, which we opened in April, so during the quarter, and which is now ramping up and starting to produce in bigger numbers. During the quarter, we also... announced that we changed the dividend policy to pay out twice a year so we did...